š LUNC Price Jumps 5% & USTC 12% After Core Security Upgrade Package Announcementšš
Let's delve into the details of this significant development!
š”ļø Terra Luna Classic Core Security Upgrade Unveiled!
The Joint L1 Task Force (L1TF) developer, Vinh Nguyen, took to X on January 16 to announce the 'core security upgrade package' designed to address security risks and community concerns. The upgrade focuses on revitalizing core components, ensuring increased security, and bolstering the stability of the Terra Luna Classic chain.
š Developer Insights: Enhancing Security and Stability
Vinh Nguyen emphasized the team's commitment to delivering the most excellent service to the community through the successful upgrade of core components. The initiative also aims to meet the infrastructure requirements for TFL support. The upgrade includes vital Terra Classic components such as Wasm module (wasmd), Wasm Virtual Machine (wasmvm), Cosmos SDK, Comet BFT, IBC-GO, and Mainnet.
š§ Project Timeline and Budget
The development team, consisting of Vinh, Inon Man, and Frag (voluntary contributor), estimates an 11-week timeline to complete the comprehensive upgrade. The total budget allocated for this crucial project is $51,000, ensuring a robust and secure implementation. The funds will be held in a multisig account, providing transparency and accountability.
š Join the Terra Luna Classic Community in Embracing the Future! š«
The positive market response reflects the community's confidence in the core security upgrade. As Terra Luna Classic continues to evolve, the enhanced security and stability pave the way for exciting possibilities. Stay tuned for further updates on this transformative journey!
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